BREAKOUT - VA TECH WABAG LTDBUY - WABAG
CMP - Rs. 354
Target - 1: Rs. 515
Target - 2: Rs. 710
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Technical -
1) Trendline BO
2) Cup and Handle(nearing BO).
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Fundamentals -
1) VA Tech Wabag Limited (NSE:WABAG) is considered a reasonable investment option due to its current share price increase of over 10%. Its price-to-earnings ratio of 12.34x is lower than its industry peers’ ratio of 13.03x, indicating a fair valuation.
2) Additionally, the company is expected to see a profit growth of 42% in the next two years, which is encouraging.
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Beyondtechnicalanalysis
FACT - 72% RETURNS!!!BUY - FACT
CMP - Rs. 282
Target - 1: Rs. 380
Target - 2: Rs. 490
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Technical -
1) Bullish Flag BO supported by high volumes.
2) Targets set using historical data, price movement, and retracement of the flag pole.
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Fundamentals -
1) Financials:
Revenue: For the financial year 2021, the company had a total revenue of INR 2,818.96 crores, a decrease from the previous year's revenue of INR 3,266.04 crores.
Net profit: The company reported a net profit of INR 215.16 crores for the financial year 2021, compared to a net loss of INR 209.43 crores in the previous year.
Debt to Equity Ratio: As of March 2021, the company had a debt to equity ratio of 0.18, which suggests that the company has a low debt burden.
Return on Equity (ROE): The ROE for the company for the financial year 2021 was 4.34%.
2) Valuation:
The share price of FACT on the National Stock Exchange (NSE) is INR 27.05. The price-to-earnings (P/E) ratio for the company is 12.05, which is below the industry average P/E ratio of 15.67. The price-to-book (P/B) ratio for the company is 0.60, which is lower than the industry average of 1.48. This indicates that the stock may be undervalued.
Overall, based on the financials and industry analysis, it appears that FACT is facing a challenging market environment. However, the stock's valuation metrics are relatively attractive, which may be indicative of undervaluation.
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This is just a view, please trade at your own risk.
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SONACOMS - 90% RETURNS!!!BUY - SONACOMS
CMP - Rs 422
Target - 1: Rs. 593
Target - 2: Rs. 806
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Technical -
1) Bullish Cypher Harmonic Pattern.
2) The stock is at support.
3) Targets have been set using Fibonacci Retracement.
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Fundamentals -
1) Company has opened a new manufacturing plant in Pune.
2) 62.66% YoY growth in EPS.
3) FII holding has increased QoQ.
4) DII holding increased by 8.4% QoQ.
5) The high-value, the high-margin product portfolio is likely to help the company outperform the industry.
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Comment:
This chart is for educational purposes only.
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Emotions should not affect our trade management systemTrader should identify emotions that are affecting our trading management decisions, and find genuine solution to over come from the same to become a better trader.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BANKNIFTY FUTURE INTRADAY LEVELS FOR TOMORROW 3RD APRIL 2023#BankNifty Future Analysis for #Tomorrow 3rd April 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close (ZERO LINE) : 40833
# BankNifty Bulls can get active above 40917 For the #IntradayLevels towards 41062/41173/41277/41356
# BankNifty Bears can get active below 40761 For the #IntradayLevels towards 40657/40553/40440/40331
Disclaimer : All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
BANKNIFTY FUTURE INTRADAY LEVELS FOR TOMORROW 31st MARCH 2023#BankNifty Future Analysis for #Tomorrow 31st March 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close (ZERO LINE) : 39913
#BankNifty Bulls can get active above 39984 For the #IntradayLevels towards 40100/40203/40316
#BankNifty Bears can get active below 39844 For the #IntradayLevels towards 39779/39676/39528
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Bank Nifty has formed a parallel channel on 15min timeframe and we are expecting that tomorrow market will be rangebound due to Friday and the rang would be between 39750 to 40150 for whole day.
This is just our expectations, rest we will see market movements in the live market
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Disclaimer : All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
BANKNIFTY FUTURE INTRADAY LEVELS FOR TOMORROW 27th MARCH 2023#BankNifty Future Analysis for #Tomorrow 27th March 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close (ZERO LINE) : 39358
#BankNifty Bulls can get active above 39490 For the #IntradayLevels towards 39597/39699/39791/39924
#BankNifty Bears can get active below 39270 For the #IntradayLevels towards 39260/39132/39033/38910
Disclaimer : All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
BANKNIFTY ANALYSIS FOR 15th MARCH 2023#BankNifty #Analysis For 15th March 2023
As per our analysis for #BankNifty , we are expecting these below levels today in the upside and downside, kindly check the charts on #15min #timeframe and act accordingly.
#Previous Close: 39411. 40
#Buyers can be active above: 39492
#IntradayLevels : 39570-80 / 39665-75 / 39761-71 / 39865-75/ 39988-40000
#Sellers can be active below: 39331
#IntradayLevels : 39242-50 / 39133-125 / 39021-12 / 38901 - 915 / 38815 - 800
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act.
Follow Us On For More Updates in Future.
If, you have any questions or queries, please post in comments. (click on boost button below so that these levels will reach to maximum number of users on TradingView)
#TrendAnalysis #ChartPatterns #TechnicalIndicators #chartpatternstrading #trendanalysisexplained #beyondtechnicalanalysis #tradeanalysis #BANKNIFTY #Intradayanalysis #bankniftycharts #15min #opportunity
BANKNIFTY ANALYSIS FOR TOMORROW 14th MARCH 2023BankNifty Analysis for Tomorrow 14th March 2023
As per our analysis for Bank Nifty, we are expecting these below levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close : 39564.70
Buyers can be active above : 39564.70
Level = TGT 1 : 39784 | TGT 2 : 39936.40 | TGT 3: 40061.80
Sellers can be active below : 39478
Level = TGT 1 : 39378 | TGT 2 : 39289.05 | TGT 3 : 39203.75
Disclaimer : All the provided levels are for educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act.
Follow Us On For More Updates in Future.
If, you have any questions or queries, please post in comments. (click on boost button below so that these levels will reach to maximum number of users on TradingView)